The addition to the convention center can be seen in relation to the Tower of the Americas and the Alamodome. Construction crews are ahead of schedule and under budget on the $325 million Convention Center expansion. Friday, Oct. 10, 2014. less

The addition to the convention center can be seen in relation to the Tower of the Americas and the Alamodome. Construction crews are ahead of schedule and under budget on the $325 million Convention Center ... more

Click through the gallery to see the Texans that made Forbes' billionaire list.

Click through the gallery to see the Texans that made Forbes' billionaire list.

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No. 100, Richard Kinder

, $12 billion

No. 100, Richard Kinder

, $12 billion

Photo: Dave Rossman, For The Houston Chronicle

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No. 230, Dannine Avara (left)

, $6.2 billion

No. 230, Dannine Avara (left)

, $6.2 billion

Photo: BRETT COOMER, SPECIAL TO THE CHRONICLE

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No. 230, Scott Duncan

, $6.2 billion

No. 230, Scott Duncan

, $6.2 billion

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No. 230, Milane Frantz

, $6.2 billion

No. 230, Milane Frantz

, $6.2 billion

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No. 240, Randa Williams

, $6.1 billion

No. 240, Randa Williams

, $6.1 billion

Photo: Dave Rossman, For The Chronicle

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No. 240, Kelcy Warren (back row, fourth from left)

, $6.2 billion

No. 240, Kelcy Warren (back row, fourth from left)

, $6.2 billion

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No. 265, Ray Lee Hunt

, $5.5. billion

No. 265, Ray Lee Hunt

, $5.5. billion

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No. 277, Robert Rowling

, $5.4 billion

No. 277, Robert Rowling

, $5.4 billion

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No. 318, Jeffery Hildebrand

, $4.9 billion

No. 318, Jeffery Hildebrand

, $4.9 billion

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No. 381, Trevor Rees-Jones

, $4.3 billion

No. 381, Trevor Rees-Jones

, $4.3 billion

Photo: MIKE MERGEN, BLOOMBERG NEWS

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No. 534, Dan Friedkin

, $3.3. billion

No. 534, Dan Friedkin

, $3.3. billion

Photo: Company Photo, Gulf States Toyota

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No. 577, Ray Davis

, $3.2 billion

No. 577, Ray Davis

, $3.2 billion

Photo: Reinhold Matay, Associated Press

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No. 690 George Bishop

, $2.7 billion

No. 690 George Bishop

, $2.7 billion

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No. 690, Robert Bass

, $2.7 billion

No. 690, Robert Bass

, $2.7 billion

Photo: Phelan M. Ebenhack, Bloomberg

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No. 714, John Arnold

, $2.6 billion

No. 714, John Arnold

, $2.6 billion

Photo: David Rossman, Dave Rossman / For The Chronicle

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No. 737, Tilman Fertitta

, $2.5 billion

No. 737, Tilman Fertitta

, $2.5 billion

Photo: Courtesy Of Landry's

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No. 782, Robert McNair

, $2.4 billion

No. 782, Robert McNair

, $2.4 billion

Photo: Brandon Wade, Associated Press

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No. 847, Fayez Sarofim

, $2.2 billion

No. 847, Fayez Sarofim

, $2.2 billion

Photo: Dave Rossman, For The Houston Chronicle

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No. 949 Edward Bass

, $2 billion

No. 949 Edward Bass

, $2 billion

Photo: Barry Brecheisen, Getty Images

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No. 949, Lee Bass

, $2 billion

No. 949, Lee Bass

, $2 billion

Photo: AP

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No. 1118, Joe Jamail, Jr. (second from right)

, $1.7 billion

No. 1118, Joe Jamail, Jr. (second from right)

, $1.7 billion

Photo: Craig Hartley, For The Chronicle

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No. 1118, W. Herbert Hunt (left)

, $1.7 billion

No. 1118, W. Herbert Hunt (left)

, $1.7 billion

Photo: CHARLES WENZELBER, AP

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No. 1118, Sid Bass (left)

, $1.7 billion

No. 1118, Sid Bass (left)

, $1.7 billion

Photo: Uncredited, Associated Press

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No. 1190, Leslie Alexander

, $1.6 billion

No. 1190, Leslie Alexander

, $1.6 billion

Photo: Smiley N. Pool, Houston Chronicle

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Billionaire behind Tower of the Americas will lose a $1 million if Michigan State wins Final Four

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The owner of the Landry’s Inc., the company in control of the Tower of the Americas Morton’s Steakhouse at Rivercenter and other San Antonio companies, could face a $1 million dollar loss if the Michigan State Spartans win the NCAA Tournament.

Landry’s owner and Texas billionaire Tilman Fertitta, from Galveston, is not only an upscale restauranter, he is also Las Vegas casino owner. He owns the iconic Golden Nugget Hotel and Casino in downtown Las Vegas, where a steep bet has been made on the Michigan State by another Sin City casino owner.

To take part in the NCAA tournament, Derek Stevens, owner of The D and Golden Gate casinos, had to take his bet outside his own doors since Nevada law prohibits casino owners to place bets at their own properties. So, he placed a $20,000 bet at Fertitta’s casino sportsbook on Dec. 5 that the Spartans would win the tournament, according to Chron.com.

Stevens may be counting his chickens before they hatch, he already has plans for his winnings.

“If I win, I’ll give some bonus money to my employees,” Stevens said in the ESPN interview. “I also want to give some money to the [Jerry]Tarkanian Basketball Academy, and the rest I will reinvest in my properties.”